Overview
What is Hedge Funds Care Inc?
Hedge Funds Care Inc, operating under the alias "Help for Children," is a nonprofit organization based in New York City, specifically at 106 W 32ND STREET 2ND FLOOR, New York, NY 10001. Their primary mission is to support initiatives aimed at preventing and treating child abuse. As a charity, Hedge Funds Care raises funds and awareness within the hedge fund industry through various regional and international events. The funds raised from these events are then granted to organizations that have demonstrated their capacity to address child abuse issues effectively. With a team of five dedicated individuals, Hedge Funds Care plays a vital role in supporting efforts to safeguard children from abuse.
Official website here: www.hfc.org
Is Hedge Funds Care Inc legitimate?
Hedge Funds Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hedge Funds Care Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $157,339
Professional Fundraising Fees: $0
Other Salaries and Wages: $240,011
For more financial information, click here
Official website here: www.hfc.org
What is the mission statement of Hedge Funds Care Inc?
Hedge Funds Care Inc, as a charitable organization, is dedicated to supporting efforts aimed at preventing and treating child abuse. Acting as a platform within the hedge fund industry, Hedge Funds Care raises funds and awareness for this cause. Through its regional and international fundraising events, it distributes the collected funds to organizations that have demonstrated their capability to effectively address child abuse issues. The chosen organizations are evaluated based on their ability to make a significant impact in this area.
Official website here: www.hfc.org
Who is the CEO of Hedge Funds Care Inc?
Sumudu Waas is the Board Member of Hedge Funds Care Inc.
Official website here: www.hfc.org
What is the revenue of Hedge Funds Care Inc?
Hedge Funds Care Inc's revenue in 2022 was $1,580,029.
Official website here: www.hfc.org
Who are the executives of Hedge Funds Care Inc and what are their salaries?
The average compensation at Hedge Funds Care Inc during 2022 was $79,470. There are 5 employees and 574 volunteers at Hedge Funds Care Inc.
Here are 45 key members and their salaries:
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- Compensation: $144,912
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- Other: $26,927
Official website here: www.hfc.org
Where can I find the form 990 for Hedge Funds Care Inc?
Hedge Funds Care Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hfc.org
Learn more at the official website: www.hfc.org
Mission Statement of Hedge Funds Care Inc
Hedge Funds Care Inc, a charitable organization, is principally dedicated to supporting efforts aimed at preventing and treating child abuse. This nonprofit raises funds and awareness within the hedge fund industry through various regional and international events. The funds raised during these events are then granted to organizations that have demonstrated their ability to address child abuse issues, based on a rigorous selection and evaluation process. By supporting these organizations, Hedge Funds Care Inc contributes to the broader mission of protecting vulnerable children and ensuring they receive the necessary care and intervention they require.
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Impact
October, 2024
Hedge Funds Care Inc has made a significant impact in the fight against child abuse by funding organizations that specialize in its prevention and treatment. Operating primarily within the hedge fund industry, HFC raises awareness and generates financial support through regional and international fundraising events. The funds collected are meticulously disbursed to local agencies that have demonstrated effective strategies in addressing child abuse, ensuring that donations are utilized where they can make the most difference. This approach not only aids in immediate support for those affected by child abuse but also contributes to broader community efforts aimed at prevention and education, ultimately fostering safer environments for children. Through its initiatives, Hedge Funds Care Inc plays a critical role in mobilizing resources and attention towards combating a pervasive social issue.
This information is meant to be a general summary of Hedge Funds Care Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $2,523,345
Assets and Liabilities:
- Total Assets: $2,688,236
- Total Liabilities: $419,933
- Net Assets: $2,268,303
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Organization Details
Founding Year
2002
Phone
(212) 991-9600Principal Officer
Sumudu Waas
Main Address
106 W 32ND STREET 2ND FLOOR, NEW YORK, NY, 10001
Website
www.hfc.orgNTEE Category
Code: T30 - Philanthropy
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